Mahindra pulls plug on XUV500 after launch of XUV700: Report

Sellers have knowledgeable that they’ve stopped taking bookings of Mahindra XUV500.Mahindra XUV700, unveiled on August 14, has been giving a constructive push to the gross sales of the corporate.

By :
HT Auto Desk

Written By : Debolina Chakraborty
Up to date on:
17 Nov 2021, 14:28 PM

File photo of Mahindra XUV500.
File picture of Mahindra XUV500.

Mahindra has discontinued its fashionable XUV500 after the launch of the most recent XUV700 within the nation. Mahindra sellers have additionally stopped accepting bookings for the XUV500, though the SUV stays listed on the official web site.

An organization consultant has additionally confirmed to HT Auto that the homegrown automaker has halted the manufacturing of its fashionable XUV500. Although some experiences recommend that XUV500 could make a comeback as a five-seat mannequin to compete with Hyundai Creta, MG Hector, and the Tata Harrier, however that continues to be unconfirmed for the time being. 

(Additionally | Watch: Mahindra XUV700 scores smashing five-star ranking in World NCAP exams)

The departure of XUV500 comes as a pure selection for Mahindra (after the brand new XUV700) regardless that it has served the model properly for a few years. The XUV500 has remained a favourite of many SUV fans in India, however the brand new XUV700 has been launched to construct on the cult of its predecessor.

The brand new XUV700 was first unveiled on August 14 this yr in 4 variants, MX, AX3, AX5 and AX7. It is available in petrol and diesel engine selections with 5 and seven-seat layouts and guide in addition to automated transmission choices. It has been lately reported additionally that the most recent SUV bagged about 70,000 bookings earlier than Diwali.

(Additionally learn | With robust demand for XUV700, Mahindra experiences eight-fold rise in Q2 revenue)

In the meantime, Mahindra additionally introduced its electrification targets because it gears up to usher in 16 new electrical automobiles by 2027. The brand new EV lineup by Mahindra shall be launched in each SUV and light-weight industrial car classes knowledgeable the corporate. 

First Printed Date: 17 Nov 2021, 14:25 PM IST

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